Luxembourg: Market for Bottles, Jars And Other Containers Of Glass 2024

Market Size for Bottles, Jars And Other Containers Of Glass in Luxembourg

In 2021, the Luxembourg market for bottles, jars and other containers of glass increased by 10% to $X, rising for the third year in a row after two years of decline. In general, the total consumption indicated a mild increase from 2012 to 2021: its value increased at an average annual rate of +1.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +63.4% against 2018 indices. Glass bottle, jar and container consumption peaked in 2021 and is likely to see gradual growth in the near future.

Production of Bottles, Jars And Other Containers Of Glass in Luxembourg

In value terms, glass bottle, jar and container production shrank dramatically to $X in 2021 estimated in export price. Over the period under review, production saw a significant decline. Glass bottle, jar and container production peaked at $X in 2020, and then contracted significantly in the following year.

Exports of Bottles, Jars And Other Containers Of Glass

Exports from Luxembourg

For the fifth consecutive year, Luxembourg recorded growth in overseas shipments of bottles, jars and other containers of glass, which increased by 31% to X units in 2021. In general, exports posted a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of 45% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, glass bottle, jar and container exports skyrocketed to $X in 2021. Overall, exports recorded a resilient expansion. The pace of growth appeared the most rapid in 2018 with an increase of 57%. Over the period under review, the exports hit record highs at $X in 2019; afterwards, it flattened through to 2021.

Exports by Country

Germany (X units) was the main destination for glass bottle, jar and container exports from Luxembourg, with a 90% share of total exports. Moreover, glass bottle, jar and container exports to Germany exceeded the volume sent to the second major destination, Belgium (X units), more than tenfold. The third position in this ranking was taken by France (X units), with a 4.2% share.

From 2012 to 2021, the average annual growth rate of volume to Germany amounted to +19.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+17.6% per year) and France (+14.9% per year).

In value terms, Germany ($X) remains the key foreign market for bottles, jars and other containers of glass exports from Luxembourg, comprising 89% of total exports. The second position in the ranking was taken by France ($X), with a 4.5% share of total exports. It was followed by Belgium, with a 3.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany stood at +13.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+10.2% per year) and Belgium (+9.5% per year).

Export Prices by Country

In 2021, the average export price for bottles, jars and other containers of glass amounted to $X per unit, declining by -4.6% against the previous year. Overall, the export price continues to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2018 when the average export price increased by 8.7%. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Italy ($X per unit) and France ($X per unit), while the average price for exports to Belgium ($X per unit) and Germany ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (-4.1%), while the prices for the other major destinations experienced a decline.

Imports of Bottles, Jars And Other Containers Of Glass

Imports into Luxembourg

For the fourth consecutive year, Luxembourg recorded growth in overseas purchases of bottles, jars and other containers of glass, which increased by 26% to X units in 2021. Overall, imports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2020 when imports increased by 30% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, glass bottle, jar and container imports soared to $X in 2021. In general, imports showed a relatively flat trend pattern. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X units) constituted the largest glass bottle, jar and container supplier to Luxembourg, accounting for a 69% share of total imports. Moreover, glass bottle, jar and container imports from Germany exceeded the figures recorded by the second-largest supplier, France (X units), fourfold. The third position in this ranking was held by the Netherlands (X units), with a 7.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at +10.3%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+4.3% per year) and the Netherlands (+35.4% per year).

In value terms, Germany ($X) constituted the largest supplier of bottles, jars and other containers of glass to Luxembourg, comprising 57% of total imports. The second position in the ranking was held by France ($X), with a 28% share of total imports. It was followed by the Netherlands, with an 8.4% share.

From 2012 to 2021, the average annual growth rate of value from Germany stood at +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+2.4% per year) and the Netherlands (+28.8% per year).

Import Prices by Country

The average import price for bottles, jars and other containers of glass stood at $X per unit in 2021, increasing by 4.4% against the previous year. In general, the import price, however, continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2013 when the average import price increased by 19% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (-1.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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